If quantity of good X demanded increases from 2300 to 2700 when price – McqOptions

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1.	If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?
A.	4
B.	1.25
C.	0.25
D.	0.8
Answer» E.

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